Brief: Elringklinger Q3 Revenue At EUR 451.6 Mln

ElringKlinger AG

07/11/2023 06:42

Nov 7 (Reuters) - ELRINGKLINGER AG  ZILGn.DE :
    * ELRINGKLINGER ANNOUNCES IMPROVED EARNINGS AND CASH FLOW
METRICS
    * GROUP REVENUE IN Q3 OF 2023 AT EUR 451.6 MILLION
    * Q3 ADJUSTED EBIT AT EUR 22.7 MILLION; ADJUSTED EBIT MARGIN
AT
5.0 %
    * Q3 NET WORKING CAPITAL TOTALED EUR 509.5 MILLION
    * OUTLOOK CONFIRMED, REVENUE GUIDANCE REVISED
    * EXPECTS TO REPORT ORGANIC REVENUE GROWTH OF AROUND 3% TO
5% FOR
2023 FINANCIAL YEAR
    * WITH REGARD TO EARNINGS SITUATION, GROUP HAS AGAIN SET
ITSELF
GOAL OF GRADUALLY IMPROVING ITS EBIT MARGIN IN MEDIUM TERM

Source text for Eikon:  ID:nEQ6BSDVma 
Further company coverage:  ZILGn.DE 

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